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2026/09/04

Cornell Study: Exempting Small Bitcoin Transactions from Capital Gains Tax Could Increase U.S. Revenue by $859 Million Over 10 Years

ME News reports that on September 5 (UTC+8), Bitcoin News posted on X that a new analysis by the Cornell Tech Policy Institute estimates that exempting capital gains taxes on small digital asset purchases could generate approximately $859 million in additional revenue for the U.S. federal government

Krafton to Invest $250 Million in India’s AI and Robotics Sector

CoinMarketCap reports:South Korean gaming company Krafton is expanding its operations in India beyond gaming into AI, robotics, and deep tech. The company announced that it will invest an additional $250 million in India over the next three to four years, bringing its total planned investment in the

Strategy Sells 6,916 BTC, Later Buys 4,603 BTC Amid Treasury Shift

Strategy’s Bitcoin treasury is starting to behave very differently from the accumulation machine that made Michael Saylor one of Bitcoin’s most recognizable corporate advocates.The company sold roughly 6,916 BTC through the summer, using Bitcoin as a source of liquidity for preferred-stock dividends

Ambient Launches Layer 1 Blockchain for Decentralized AI Inference

Ambient has built a Layer 1 blockchain where the “work” in proof-of-work is replaced by verified AI inference. Instead of hashing, miners process AI queries submitted through an onchain auction system. The network has already served over 134 billion tokens through a public API.How Proof of Logits ac

Bitcoin Short-Term Holders Shift to Profit-Taking as BTC Surges to $77K

A week is a long time in Bitcoin. On August 17, just 26.1% of Bitcoin’s short-term holder supply was sitting in profit. By August 24, that number had nearly tripled to 74.9%, according to CryptoQuant data. The catalyst: a roughly $14,000 price swing that took BTC from approximately $63,000 to $77,00

Bitcoin-Gold Correlation Hits Six-Year High Amid Debasement Fears

The correlation between Bitcoin and gold has surged to its highest level in six years, reflecting mounting concerns over currency debasement. This development, reported by Zero Hedge, highlights a significant move in financial markets as both assets are seen as hedges against declining fiat currency

US and China to Hold AI Safety Dialogue in Mid-September 2026

The United States and China are preparing to sit down for their first dedicated AI safety dialogue since Donald Trump began his second term, with talks scheduled for mid-September 2026. The meeting, announced on September 4, signals a rare patch of cooperative ground between two countries that agree

Cornell Tech Policy Institute: Exempting Small Bitcoin Transactions from Capital Gains Tax Could Boost U.S. Revenue by $859 Million Over 10 Years

ChainCatcher reports that Bitcoin News posted on X that a new analysis by the Cornell Tech Policy Institute estimates that exempting capital gains taxes on small digital asset purchases could generate approximately $859 million in additional revenue for the U.S. federal government over the next 10 y

Cornell Study: Exempting Small Bitcoin Transactions Could Increase U.S. Revenue by $859 Million Over 10 Years

Odaily Planet Daily reports that Bitcoin News posted on X that a new analysis by the Cornell Tech Policy Institute estimates that exempting capital gains tax on small digital asset purchases could increase U.S. federal government revenue by approximately $859 million over the next decade. Senator Cy

Gimlet Labs Raises $300M at a $3B Valuation, Led by a16z

ChainCatcher report: AI infrastructure startup Gimlet Labs has raised $300 million, raising its valuation to $3 billion. This round was led by Andreessen Horowitz (a16z), with participation from Arm Holdings and M12, the venture fund under Microsoft. Gimlet Labs primarily helps clients allocate AI w

AI infrastructure firm Gimlet Labs raises $300 million in Series C funding

Odaily Planet Daily report: AI infrastructure startup Gimlet Labs has announced a $300 million funding round, raising its valuation to $3 billion. The round was led by Andreessen Horowitz (a16z), with participation from Arm Holdings and M12, the venture fund under Microsoft.Gimlet Labs primarily hel

Bitcoin Surges 24% in August, Hits $78,000–$79,000 Range

Bitcoin closed August with a roughly 24% gain, landing between $78,000 and $79,000 after spending the early part of the month languishing near $62,000 to $64,000. The rally briefly pushed BTC above $81,000, making it the cryptocurrency’s strongest August since 2017 and its best monthly performance s

Arbitrum Proposes Permanent Ban for Three Projects in DAO Accountability Test

TL;DRThe Arbitrum Watchdog Committee proposed the permanent exclusion of Good Entry, Limitless, and APX Finance from future DAO programs.The three projects have until September 10 to respond; if they do not, separate votes will be launched on Snapshot for each case.The Watchdog program has recovered

CRFB Analysis: 1960s-Born Retirees to Get 133% of Taxes Paid into Social Security

Americans retiring this decade are projected to receive substantially more from Social Security than they and their employers paid into the program, according to a new analysis that highlights an increasingly difficult generational problem.The CRFB Social Security benefits analysis estimates that pe

Lululemon lowers full-year guidance; shares fall 20%

CoinDesk reports:Lululemon's latest quarterly results fell below market expectations, and ahead of its new CEO's arrival, the company again lowered its full-year outlook, causing the market to become more cautious about the athletic apparel company's growth prospects. Following the earnings release,

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